News

JBS asset sale halted by judicial ruling

22/06/2017

A court in Brazil has ruled that JBS’s sale of beef plants in Argentina, Uruguay and Paraguay cannot go ahead. On June 6, JBS’s South American division, which includes JBS Couros, confirmed the sale of beef operations in Argentina, Paraguay and Uruguay for around $300 million. It named Pul Argentina, Frigomerc and Pulsa as the buyers, all...

To continue reading this story, please sign in or register.

Related stories:

JBS concludes beef plants sale to Minerva 01/08/2017
Alpargatas deal off after price dispute 11/07/2017
JBS sees appeal over asset sales rejected 05/07/2017
US suspends Brazilian beef imports 27/06/2017

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.